Your brilliant speaker is the failed finance minister of Greece. He completely screwed his country and then walked away leaving others to sort out his mess. As the say those who can do and those who can't teach.
A brilliant thinker who doesn't know that Taiwan's position in the global economy has changed just a wee bit since the 1970s. Taiwan manufactures the vast majority of the world's semi-consuctors, especially the cutting edge ones. The very same semi-consuctors which the USA reckons is why they won the first cold war against the USSR. You do the rest of the math.
His understanding of economics is robust and fact-based. However, when it comes to environmental and "ecological catastrophe" issues, his expertise is rather weak. Most climate changes are primarily influenced by the sun and overshadow any human activity. Fortunately, the Earth has endured several such changes without wiping out humanity
*It was Julius Nyerere who famously quipped: “The United States is also a one-party state but with typical American extravagance, they have two of them.”*
Until we repeal The Hague Act we can’t prosecute our war criminals. They’re all immune. Look at Trump. They’re delaying his trial until after his presidency.
Yeah no one is stopping his “secret” talk. And the channel is clearly a Chinese government channel and have you been kicked off this American platform?
Your intelligent speaker is the failed finance minister of Greece. He completely screwed his country and then walked away leaving others to sort out his mess. As the say those who can do and those who can't teach.
@@dooley-ch . Pray tell, why with an awesome mind, you weren't deem worthy to be listened to in Greece, or anywhere humans live, let alone asked to be coopted to solve any country's economic issue?
Kudos to the speaker who is putting his whole hearted effort in promoting peace and preserve humanity... With plenty of good insights! The world needs more of such leaders!! 😊😊
The professor is an excellent teacher. He is able to fine tune the way he illustrates things to suit his audience. The ability to teach well is a gift. There are other brilliant men around, but not all are able to teach well.
Your teacher is the failed finance minister of Greece. He completely screwed his country and then walked away leaving others to sort out his mess. As the say those who can do and those who can't teach.
@@dooley-chhe stood up for his principles when the EU and his own prime minister sacrificed Greece on the altar of neoliberalism. If you think he's a failed minister then that says far more about you than him.
@@dooley-ch I think you will find that Germany and France actually ruin Greece. I remember reading about how these two nasty countries and the EU screwed Greece and turned that country into a mess. Varoufakis was so mad with these countries and the EU that he walked away from this evil institution.
@@maxlin7208 "When two neighboring countries fight each other, just know the USA visited one." - Nelson Mandela, South Africa. fact check it, if one dare to hear truth.
Efharisto Mr Varoufakis utmost respect to you Sir , how I wish we had another million people with the same disposition as you , you move with the angels , thank you. You speak the absolute truth. 🙏
@@JK-gu3tl There is no We The People in the US. We The Money only. The striking and peculiar characteristic of American society is, that it is not so much a democracy as a huge commercial company for the discovery, cultivation, and capitalization of its enormous territory.... The United States is primarily a commercial society ... and only secondarily a nation...
Mr Varoufakis is highly intelligent and a no-nonsense speaker. He has unusual in-depth knowledge on international affairs and his analysis on geopolitics matters is often excellent. This lecture on US-China competition is unambiguous and realistic.
Sadly he left out the parts about the CCP threatening to viloently invade Taiwan calling it a "rouge state" despite the fact the CCP never at any time controlled it. Oh yeah and neglected to talk about Chian trying to sieze territory that belongs to Japan and the Phillipines and trying to claim an entire ocean that is nowhere near any Chinese coastline as it's property. He kinda left out what the CCP does to the Uyghurs and Tibetans and.....on and on. Say when you look at it, it seems the world benefits from a power keep them in check.
He is also extremely biased and often presents only items that he can use to prop up his biased opinions without ever prsenting any counter arguments. He seems like a man with an agenda and I wonder if that's a paid for agenda.
@@markde9904 The only thing that matters is whether or not the things he says are correct. It doesn't matter if he presents any counter arguments or not, and if he is paid or not to say what he says or have any agenda. The only thing that matters is whether the things he says are the truth.
I was going to write a comment, but everything has been already written. The only thing I can add is that beside the brilliant and just analysis, emotionally speaking it's extremely moving that such a brain exists and speaks out. Merci monsieur Varoufakis et cher professeur!
Great analysis and fair comments, I hope your suggestions will be heard by Chinese leaders. China foreign policy tends to keep low profile and focus on own interests, but China can not become economic leader without being a culture influencer.
I think that's a wrong approach, I believe. Economic dominance is itself "soft power" as the world will increasingly look to you for brands and consumer goods. Once you have large Chinese companies that produce great products, people will shift their opinion of Chinese culture as well. That will include popular culture as well over time. There's a reason why Chinese and Indian culture is very prevalent in Asia, but hardly noticed in eg Europe. For us in Europe, they're the "poor, low quality manufacturing base" still in the minds of especially the older generation. The opposite can apply as well: Sweden, Korea, France, Spain. Examples of economically strong to middle nations but cultural superpowers compared to their economic footprint. (edited for typos)
Not so, for China’s Century of Humiliation 1839-1949 of it's 2,245 years history in China's Centralized Administrative State of governing. China's non-interference and the defense of sovereignty directive policy mean no influence in any way, that include culture but offer Peace & Prosperity to countries worldwide to those who wishes. Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime, not Sun Tzu
I love the way Yanis illustrates these current events around the concept of a highway, it's especially poignant when taking Rome's rise to power into consideration because the Roman highway was integral to their success & defeat.
Recently, China issued USD bonds to the Saudis. These traded at only 0.007-0.029% above the 3Y/5Y rates and were oversubscribed by 19.9x. The Saudis will receive Chinese industrial products in return. With those USD, the Chinese will pay back the US on behalf of those countries trapped in USD debt. In exchange, those countries send resources to China. So, the end result is the world gets rid of their USD (instead of investing in US where it could be seized), countries free themselves of US debt trap, and the dollar floods back to the US.
This is why the inflation prices of all assets continues to accelerate. US Dollar debt-deflation through Quantitative Easing drives the Velocity of currencies through the Monroe Doctrine grift of Economic Codependency. The World is shorting the US Dollar, and its caused the political Establishment to have gone insane with rage that Western Empire has already collapsed. The conspiracy minded might see this as an intentional implosion or the US Dollar as an attempt to force the adoption of CBDCs obligatory for all Global citizen-slaves. WW3 is the goal of an insane ideology that needs to artificially inflate the commodities markets to act as an accelerated means of capturing Vassal States. Debt-deflation is a psychopathic methodology for sustaining the appearances of Social Management, where Institutional legitimacy no longer exists.
WoW incredible achievement but it's working in a way that's magical 🙏🏼 it's reminding me about the story, one ant can not do much but 1,4 billion can preform miracles or a lot 😊
Mr Yanis advice is invaluable and there are many hints that the Chinese are adopting what he is suggesting in recent years. Just one eg and just occur a few weeks ago, the Chinese added a few more countries to the policy of visa free stay in China . The purpose is to enhance more understanding of other cultures and Chinese and to enable tourist or foreigners to stay longer and understand what true China is really like. The many positive feedback of tourists coming to China have actually debunks a lot of untruth, negativity that their country propaganda tries to impose on their citizens.
@@isabelg1729Your mind that has been thoroughly laundried, fooled and distorted by the evil would not distinguish between true facts and the real emerging world.
thought provoking and best analysis I have not heard anywhere. Thanks for sharing your insight. If he can hold some critical position in one of the super power, this world would be a better place for all.
I agree, very clearly presented that made it impossible to actually not understand every point he's making. It's interesting that he was Greece's finance minister during the state's bankruptcy around late 2000s I believe.
Yanis, outstanding. No notes, no tele-prompter, yet so eloquent. Important point about US deficit financing, but also useful to emphasise to China the consequences of ignoring the US working class.
Yanis Varoufakis is not only genius and brilliant he is a very honest and caring person at the expense of his financial interest. If he sold out he would have been rewarded by zillions of dollars. Bless you Dr. Varoufakis, you give me hope and inspiration.
Been calling the $$ extortion racket for more than 20 years now. For anyone who is interested in these topics it's very clear if you read the numbers. However every time I watch one of these lectures, new (for me) interesting historical facts come out.
Well worth listening to! The description of the reason for the US trade war with China is a good overview of what many of us already knew, but we might not have had it expressed that clearly before. What to do about it, though, needs much work!
This USD system is unsustainable. For the few to enjoy disproportionate wealth, the rest have to contribute disproportionately to the system. Fewer and fewer countries are willing to do that.
@Liviticus it's absolutely breaking down. US dishes out largesse to its allies and friendly countries to maintain their loyalty. Those who don't benefit from that arrangement naturally have to contribute to the pool of largesse disproportionately. It's a zero sum game. For some to gain, others have to lose. That's why the others are looking at reducing dependence on USD.
It's much bigger than happens to the U.S. domestically--it's about the (in)ability of the U.S. to continue the way it has, by living irresponsibly yet keeping in other countries line in terms of using the dollar, once that goes all hell breaks loose including for the rich (who have much better ways of surviving the chaos and transition of course).
The fact is, this US dollar hegemony system is so well-designed and so sustainable that had been working and allowing the US sucked the world dry for the past 50+ years. It took another brilliant race/ civilization to just crack it open... The guy or guys who created it are genius and deserve an evil version of Nobel Price in Economy
A great speech with remarkable understanding and analyses of an impending threatening problem, together with valuable and vital suggestions to counteract it. Deeply grateful.
Thank you for the brilliant analysis and the courage to share it ! May you live long in freedom ! We all need people like you to stop cold war and save us from world war 3 !!
Yanis is one of the very few European intellects worth listening to. All other media outlets simply copy and paste from whatever the NY Times or Wall Street Journals are saying. It's also refreshing and insightful to hear his perspectives.
just cause hs potus thign you wnat to hear doesnt mean he is either special or that dozens of people liek him dont exist.hsot of polticains which shit on usa and lbierlaism exist in europe buddy.mnay of the are rigthing so that may not fit your bias though.
Think you need a reminder that Chomsky. Wanted people who didn’t want to take an experimental procedure. Kept in their homes, unable to even get food. The ultimate tyranny
Protect this man at all costs.
Yeah this man lives in the US. You know what could never happen? Some talking about China like that while living in China.
he lives in Greece, and he was talking in China.
Cause he talks so much sh**?
You all seems to know a lot of shits but know nothing cause you are too bias, cannot accept the true it hard ah.
Varoufakis lives somewhere in Greece...
Its a privilege to be able to listen to lectures like this on UA-cam. Thank you!
Yanis Varoufakis again shows how brilliant a thinker he is. Thanks for putting this address available.
Your brilliant speaker is the failed finance minister of Greece. He completely screwed his country and then walked away leaving others to sort out his mess. As the say those who can do and those who can't teach.
Stop spamming the comments with your petulance and go back to playing with your toys. 🧸
A brilliant thinker who doesn't know that Taiwan's position in the global economy has changed just a wee bit since the 1970s.
Taiwan manufactures the vast majority of the world's semi-consuctors, especially the cutting edge ones.
The very same semi-consuctors which the USA reckons is why they won the first cold war against the USSR.
You do the rest of the math.
Platon and Aristotle were brilliant thinkers! Yanis Varoufakis is also from Greece but no brilliance!
Is Mr Varoufakis Turkey or Greek? Maybe from Palestine.
Thank you for your courage in speaking truth to power.
In Solidarity
His understanding of economics is robust and fact-based. However, when it comes to environmental and "ecological catastrophe" issues, his expertise is rather weak. Most climate changes are primarily influenced by the sun and overshadow any human activity. Fortunately, the Earth has endured several such changes without wiping out humanity
It's becoming more and more embarrassing to be associated with the American mafia.
*It was Julius Nyerere who famously quipped: “The United States is also a one-party state but with typical American extravagance, they have two of them.”*
Excellently put it!
40 years in America, both parties do the share shit when in power.
Until we repeal The Hague Act we can’t prosecute our war criminals. They’re all immune. Look at Trump. They’re delaying his trial until after his presidency.
ROFL
That way they can blame each other for the failures.
Yanis Varoufakis is an intelligent and very brave person.The world needs many more like him .
Haben wir nicht schon genug Kokser?
Yeah no one is stopping his “secret” talk. And the channel is clearly a Chinese government channel and have you been kicked off this American platform?
I've seen several Varoufakis expositions, always on point, lucid, insightful. Godspeed.
Yanis is gem of a micro economist. His lecture is on point. I love listening to him from Ghana ❤
Thank you Mr Varoufakis and Thinkers Forum for an exceptional presentation; KUDOS to you and the courageous Mr Assange.
❤agreed
@@petergreen5337
Thank you, Peter. Stay Strong !
Free thinking to you means reciting Putin's favourite propaganda.
@@markde9904 -and whose propaganda you want us to be on, NATO's?
@@markde9904 Easy for you to say, but impossible to conclude or prove.
Thank you Yannis, you are one of the few true voices helping us to avoid WW3. *1972 Nixon visited China
Brilliant man
Brilliant Yanis Varoufakis. Thank You.
Great presentation! Thank you Yanis! You are one of the foremost advocate of how we can still save the world from US hegemony.
Very excellent speech. Yanis was spot on. Speaking the truth and nothing but the truth. Keep up the good work. God bless and take care.
Your intelligent speaker is the failed finance minister of Greece. He completely screwed his country and then walked away leaving others to sort out his mess. As the say those who can do and those who can't teach.
bro he is former greek finance minister brooooo if u would have zero idea about greek debt memes u would have laughing on this joker
@@dooley-ch . Pray tell, why with an awesome mind, you weren't deem worthy to be listened to in Greece, or anywhere humans live, let alone asked to be coopted to solve any country's economic issue?
@@dooley-ch Can you give a few examples of things Yanis said in this lecture that are incorrect / false?
@@dooley-chNice try Karen! Find another excuse...this one smells very fishy.
Such an intelligent, visionary, strategic, and fact-based assessment and analysis of the US cold war against China!
Excellent analysis!❤
Kudos to the speaker who is putting his whole hearted effort in promoting peace and preserve humanity... With plenty of good insights! The world needs more of such leaders!! 😊😊
This guy is the most intelligent European politician and is one of the current world leading thinkers. Realist.
Everyone knows what he is saying.. But choose to ignore it
Finally the truth, thank you 😊😊😊😊😊😊😊😊😊
The professor is an excellent teacher. He is able to fine tune the way he illustrates things to suit his audience. The ability to teach well is a gift. There are other brilliant men around, but not all are able to teach well.
He was a professor at Sussex University before he became a politian in Greece.
Your teacher is the failed finance minister of Greece. He completely screwed his country and then walked away leaving others to sort out his mess. As the say those who can do and those who can't teach.
@@dooley-chhe stood up for his principles when the EU and his own prime minister sacrificed Greece on the altar of neoliberalism. If you think he's a failed minister then that says far more about you than him.
@@dooley-ch I think you will find that Germany and France actually ruin Greece. I remember reading about how these two nasty countries and the EU screwed Greece and turned that country into a mess. Varoufakis was so mad with these countries and the EU that he walked away from this evil institution.
@@dooley-chyou post the same thing under everything. He must be on to something if he riled you up so much.
A very pragmatic, down-to-earth speech. Thank You Mr Yanis Varoufakis. You are a BRAVE and GOOD man for speaking the TRUTH. You are an ANGEL!
Yanis is a treasure for China! Listen to him and heed his advices.
Lol I think China has enough problems without yanis fucking it up worse for them
If you're Chinese you should speak for yourself. Relying on others to tell your story isn't gonna cut it
@@sadqqwwqeq4175 You Can Lead a Horse To Water, But You Can’t Make It Drink
@@maxlin7208 "When two neighboring countries fight each other, just know the USA visited one."
- Nelson Mandela, South Africa. fact check it, if one dare to hear truth.
@@chriswong9158 what's your point? I was replying to the person started this thread with the words being literal.
Efharisto Mr Varoufakis utmost respect to you Sir , how I wish we had another million people with the same disposition as you , you move with the angels , thank you. You speak the absolute truth. 🙏
talk is cheap... trash.... gets you nowehere.... doing does
"America is the only country that went from barbarism to decadence without civilization in between" - Oscar Wilde.
Nonsense
@@JK-gu3tl
There is no We The People in the US. We The Money only.
The striking and peculiar characteristic of American society is, that it is not so much a democracy as a huge commercial company for the discovery, cultivation, and capitalization of its enormous territory.... The United States is primarily a commercial society ... and only secondarily a nation...
😂😂😂
@@bobiel9048It's always been a vasal of The City of London and still is just look at how the Fed R has financed Israel
But true
Mr Varoufakis is highly intelligent and a no-nonsense speaker. He has unusual in-depth knowledge on international affairs and his analysis on geopolitics matters is often excellent.
This lecture on US-China competition is unambiguous and realistic.
Sadly he left out the parts about the CCP threatening to viloently invade Taiwan calling it a "rouge state" despite the fact the CCP never at any time controlled it. Oh yeah and neglected to talk about Chian trying to sieze territory that belongs to Japan and the Phillipines and trying to claim an entire ocean that is nowhere near any Chinese coastline as it's property. He kinda left out what the CCP does to the Uyghurs and Tibetans and.....on and on. Say when you look at it, it seems the world benefits from a power keep them in check.
If he needs your marketing skills, he ain’t that smart, mmmkay pal…
EXACTLY @rortys.kierkegaard9980
He is also extremely biased and often presents only items that he can use to prop up his biased opinions without ever prsenting any counter arguments. He seems like a man with an agenda and I wonder if that's a paid for agenda.
@@markde9904 The only thing that matters is whether or not the things he says are correct.
It doesn't matter if he presents any counter arguments or not, and if he is paid or not to say what he says or have any agenda. The only thing that matters is whether the things he says are the truth.
Right on Mr. Varoufakis. Thank you for all your video presentation.
Always a pleasure to hear this brilliant mind: Yanis.
Everyone should watch Minister Yanis explaining how and why? Always enjoy his talk and listen his simple reasoning.
excellent speech, almost all the comments are positive , very rare to see
I was going to write a comment, but everything has been already written. The only thing I can add is that beside the brilliant and just analysis, emotionally speaking it's extremely moving that such a brain exists and speaks out. Merci monsieur Varoufakis et cher professeur!
Brilliant thinker!
It's Greek to me... really, he's origin is Greek
Yanis is sincere! Really enjoy the simplicity with which he explains geo-political gymnastics!
What a great 👍 speech!
Absolutely brilliant and sharp insights from Yanis Varoufakis ✊
His views on India will be much appreciated.
Brilliantly explained! Thank you.
A true thinker. Things you don’t hear MSM experts talk about.
MSM and expert…2 mutually exclusive items
Brilliant talk on the geopitic of US and China by an excellent ex-Greece minister Yanis Varoufakis
Great analysis and fair comments, I hope your suggestions will be heard by Chinese leaders. China foreign policy tends to keep low profile and focus on own interests, but China can not become economic leader without being a culture influencer.
How do you imagine China being a cultural influencer?
I think that's a wrong approach, I believe.
Economic dominance is itself "soft power" as the world will increasingly look to you for brands and consumer goods. Once you have large Chinese companies that produce great products, people will shift their opinion of Chinese culture as well.
That will include popular culture as well over time. There's a reason why Chinese and Indian culture is very prevalent in Asia, but hardly noticed in eg Europe.
For us in Europe, they're the "poor, low quality manufacturing base" still in the minds of especially the older generation.
The opposite can apply as well:
Sweden, Korea, France, Spain. Examples of economically strong to middle nations but cultural superpowers compared to their economic footprint.
(edited for typos)
You want CCP to be an open book😂. Lala land.
with 1/4 of world population and a history of several thousand years, I'd say China already has cultural influence.
Not so, for China’s Century of Humiliation 1839-1949 of it's 2,245 years history in China's Centralized Administrative State of governing. China's non-interference and the defense of sovereignty directive policy mean no influence in any way, that include culture but offer Peace & Prosperity to countries worldwide to those who wishes.
Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime, not Sun Tzu
briliant Yanis 👍 take care of you and peace to our planet 🤞regards from Thailand
This guy it's just---Pure brain
Edit: Wow so many likes thank you!!
A Greek !!! a thinker...
This lecture really makes you think, and that's priceless. Thank Mr. Varoufakis, thank you Thinkers Forum. Duly subscribed.
Thanks!
Thank you comrade Yanis, this is most intelligent speech of the last 5 years!❤
Yanis is as always an excellent speaker. he has a lot of experience of geopolitics and everything is saying is true.
❤ Excellent speech, textbook material !
Of course I can't verify what the certainly knowledgeable Yanis Varoufakis is stating - but it all fits together like hell 😀😎👍
May almighty God bless you Yanis, you are a such courageous and clever men.
best investment of 37 minutes I've made in a while..
I love the way Yanis illustrates these current events around the concept of a highway, it's especially poignant when taking Rome's rise to power into consideration because the Roman highway was integral to their success & defeat.
Recently, China issued USD bonds to the Saudis. These traded at only 0.007-0.029% above the 3Y/5Y rates and were oversubscribed by 19.9x. The Saudis will receive Chinese industrial products in return. With those USD, the Chinese will pay back the US on behalf of those countries trapped in USD debt. In exchange, those countries send resources to China.
So, the end result is the world gets rid of their USD (instead of investing in US where it could be seized), countries free themselves of US debt trap, and the dollar floods back to the US.
And a currency swap deal
Brilliant 👍👏❤️
And the USA continues to print money... Yes your way is a long term cause, but this new electronic transaction system is a gamechanger.
This is why the inflation prices of all assets continues to accelerate. US Dollar debt-deflation through Quantitative Easing drives the Velocity of currencies through the Monroe Doctrine grift of Economic Codependency.
The World is shorting the US Dollar, and its caused the political Establishment to have gone insane with rage that Western Empire has already collapsed.
The conspiracy minded might see this as an intentional implosion or the US Dollar as an attempt to force the adoption of CBDCs obligatory for all Global citizen-slaves.
WW3 is the goal of an insane ideology that needs to artificially inflate the commodities markets to act as an accelerated means of capturing Vassal States.
Debt-deflation is a psychopathic methodology for sustaining the appearances of Social Management, where Institutional legitimacy no longer exists.
WoW incredible achievement but it's working in a way that's magical 🙏🏼 it's reminding me about the story, one ant can not do much but 1,4 billion can preform miracles or a lot 😊
Many insights never thought of before. Thank you
Very rare to hear smart and sensible guy talking objectively on the cold war.
Brilliant mind and communicator.
100 hundred percent u r right
Brilliant. “Trade wars are class wars” will be the message to my circle.
Excellent
Right on spot, one of the wise person with humanity in mind . thinker and influencer
Brilliant analysis by Mr. Varoufakis. Thanks for sharing it.
As usual , when a brilliant mind speaks , we all listen and know it . Bravo , Yanis!!!!.
Always a pleasure to hear him
Mr Yanis advice is invaluable and there are many hints that the Chinese are adopting what he is suggesting in recent years. Just one eg and just occur a few weeks ago, the Chinese added a few more countries to the policy of visa free stay in China . The purpose is to enhance more understanding of other cultures and Chinese and to enable tourist or foreigners to stay longer and understand what true China is really like. The many positive feedback of tourists coming to China have actually debunks a lot of untruth, negativity that their country propaganda tries to impose on their citizens.
Yanis Varoufakis is a brilliant thinker.
Yanis, thank you for your courage for stating FACTS... 💯 ❤like always so full of knowledge and GRACE ❤
the facts as per the CCP
@@isabelg1729Your mind that has been thoroughly laundried, fooled and distorted by the evil would not distinguish between true facts and the real emerging world.
This is the most important talk on current affairs that I have heard in years. A brilliant analysis.
Love listening to this man whit his Greek accent.
Thank you for stating FACTS!!!
this is a much better class / lecture than the top university in the world, kudos Yanis!
Such a smart and honest man!
Stunning thesis. Tremendous presentation and thought promoting.
thought provoking and best analysis I have not heard anywhere. Thanks for sharing your insight. If he can hold some critical position in one of the super power, this world would be a better place for all.
I agree, very clearly presented that made it impossible to actually not understand every point he's making. It's interesting that he was Greece's finance minister during the state's bankruptcy around late 2000s I believe.
Yanis, outstanding. No notes, no tele-prompter, yet so eloquent. Important point about US deficit financing, but also useful to emphasise to China the consequences of ignoring the US working class.
You mean the American capitalists who ignored the American working class, right?
Yanis Varoufakis is not only genius and brilliant he is a very honest and caring person at the expense of his financial interest. If he sold out he would have been rewarded by zillions of dollars. Bless you Dr. Varoufakis, you give me hope and inspiration.
Been calling the $$ extortion racket for more than 20 years now. For anyone who is interested in these topics it's very clear if you read the numbers. However every time I watch one of these lectures, new (for me) interesting historical facts come out.
Well worth listening to!
The description of the reason for the US trade war with China is a good overview of what many of us already knew, but we might not have had it expressed that clearly before.
What to do about it, though, needs much work!
Very impressive talk Mr. Yanis Varoufakis. Thank you for that.
This USD system is unsustainable. For the few to enjoy disproportionate wealth, the rest have to contribute disproportionately to the system. Fewer and fewer countries are willing to do that.
@Liviticus it's absolutely breaking down. US dishes out largesse to its allies and friendly countries to maintain their loyalty. Those who don't benefit from that arrangement naturally have to contribute to the pool of largesse disproportionately. It's a zero sum game. For some to gain, others have to lose. That's why the others are looking at reducing dependence on USD.
There are more billionaires in China than there are in the U.S.
I think this is what he's trying to say!
It's much bigger than happens to the U.S. domestically--it's about the (in)ability of the U.S. to continue the way it has, by living irresponsibly yet keeping in other countries line in terms of using the dollar, once that goes all hell breaks loose including for the rich (who have much better ways of surviving the chaos and transition of course).
The fact is, this US dollar hegemony system is so well-designed and so sustainable that had been working and allowing the US sucked the world dry for the past 50+ years. It took another brilliant race/ civilization to just crack it open... The guy or guys who created it are genius and deserve an evil version of Nobel Price in Economy
Great presentation! I’m going to watch it again! Thanks for the enlightenment!
What a brilliant, impressive and informative speech. Thank you so much for sharing the video.
Thank you, Mr Varoufakis, for totally being engaged in developing justice on the planet !
Excellent speech. Thanks.👍💯
What would we do without teachers like Yanis to instruct and guide? Thank God he isn’t the only one we can depend on!
A great speech with remarkable understanding and analyses of an impending threatening problem, together with valuable and vital suggestions to counteract it. Deeply grateful.
Very very insightful talk. Thank you Yanis.
Yanis spittin’ faxx!
Yanis Varoufakis is one of the BEST thinkers of our era!!! Huge respects!!!
you nailed it bro, thank you sir
Thank you for the brilliant analysis and the courage to share it ! May you live long in freedom ! We all need people like you to stop cold war and save us from world war 3 !!
Very simple lecture. I got a lot more out of this than many other sources.
Great lecture by Mr Yan is Varoufakis! Thank you for sharing your insights. Very perceptive and accurate!
Yanis is one of the very few European intellects worth listening to. All other media outlets simply copy and paste from whatever the NY Times or Wall Street Journals are saying. It's also refreshing and insightful to hear his perspectives.
just cause hs potus thign you wnat to hear doesnt mean he is either special or that dozens of people liek him dont exist.hsot of polticains which shit on usa and lbierlaism exist in europe buddy.mnay of the are rigthing so that may not fit your bias though.
Excellent loved listening to Yanis so clear
Very refreshing and thought provoking, listened to it a few times in a row
.. thank you Yanis .. many words of wisdom to humanity to take on . . Peace is truly Prosperity to mankind . 🌼
Yianis is one of the most important thinkers of our time after Chomsky
Think you need a reminder that Chomsky. Wanted people who didn’t want to take an experimental procedure. Kept in their homes, unable to even get food.
The ultimate tyranny
Best explanation.
Thank you for this discussion
Well said!
I love the Forum! You are thinking about important issues and asking the right questions 👍
its a very interesting angle to look at the motive of the tradewar and where the world might be heading.
very smart and deep thinking person
I love this guy, wat a speech 🎉I was mesmerised by the whole of it. Every second is well said !!
I love this gentleman he's open my eyes.